Download or read book A Study of Size Growth Profitability and Collateral Assets as Capital Structure Determinants of South African Public Companies Listed in the Clothing Footwear Textiles Sector of the Johannesburg Stock Exchange written by Marietha A. Mostert and published by . This book was released on 1992 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Firm Specific Characteristics on the Capital Structure of Nigerian Quoted Firms written by Oluseun Paseda and published by . This book was released on 2016 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical work on capital structure in emerging markets like Nigeria has been limited and met with low explanatory power. This study investigates the determinants of capital structure in Nigeria. The population of study comprises all non-financial corporations quoted on the Nigerian Stock Exchange (NSE) for the period 1999-2014 out of which 50 companies that met the minimum data criteria were utilized. Using panel data least squares regression, modified to weighted (cross section- and period-) models, the research documents the following findings. First, the factors that exert positive influence on corporate borrowing include asset intangibility, firm age and expected inflation while those factors that exert negative influence on capital structure include asset tangibility, growth, size, volatility of earnings, profitability, liquidity, dividend-paying status and uniqueness of industry. The results were, at best, mixed with respect to the portability of pecking order, target adjustment, trade-off, agency and market conditions models. The pecking order beats the trade-off model based on the signs of coefficients of firm-specific characteristics. In order words, asymmetric information explains why smaller, less profitable, less liquid firms with more risky intangible assets and which are low dividend-payers end up relying primarily on debt financing and vice versa. The study recommends the use of leases for financially- and collateral-constrained firms.

Download or read book The Influence of Year Period Supersector and Business Specific Effects on the Profitability of South African Publicly Listed Companies written by Matthew Edward Birtch and published by . This book was released on 2009 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Management of Working Capital by Listed South African Retail Companies written by Elmarie Louw and published by . This book was released on 2014 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Study of the Relationship Between Market Share and Profitability in Listed South African Retail Companies written by Mutshinyani Magoro and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between market share and profitability has been the subject of academic research for so many years, yet it remains a generalisation which has been over-extended and accepted without acknowledgement of all its attributes. This research intended to contribute to the literature by aiding further understanding of the relationship between profitability and market share. Specifically, the aim of this research was to determine whether there is a relationship between market share and profitability within South African retail companies. The research aimed to establish if there was a strong relationship between market share (represented by the percentage that companies own in a market) and profitability (represented by return on asset, return on equity and return on capital employed). In addition, the study wanted to understand if companies that grow market share by acquiring other companies are ranked higher than companies that grow organically. The quantitative study was conducted through the utilisation of hypotheses testing as a research mechanism. The key population considered for this research was listed organisations operating in a retail sectors that are or were listed on the Main Board of the Johannesburg Securities Exchange (JSE) during the 5 year period from 2004 to 2008. The sample size consisted of 8 companies. The research was conducted using secondary data. The key results of the research show that there is no relationship between market share and profitability. However, the results of this research can not be generalised due to small sample size.

Download or read book Relationship Between Working Capital Management and Profitability in Retail Sector Companies Listed on the Johannesburg Stock Exchange written by Innocent Gumbochuma and published by . This book was released on 2014 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working capital management is an extremely important area of financial management as current assets normally represent more than half of the total assets of a business. Literature has shown that efficient management of working capital will lead to more profitability and creating more market value. This study sought to ascertain the impact of the working capital management on firm profitability in the retail sector of the South African Johannesburg Stock Exchange listed companies.

Download or read book The Determinants of Capital Structure of South African Companies Listed on the JSE Securities Exchange written by Robert Hallam and published by . This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Working Capital Policies of Selected Companies Listed in the Clothing Footwear and Textiles Sector of the Johannesburg Stock Exchange written by R. J. Condie and published by . This book was released on 1992 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Determinants of Capital Structure of Listed Firms in the South African Manufacturing Industry written by Khomotso Mabotja and published by . This book was released on 2019 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of Working Capital on the Profitability of South African Firms Listed on the Johannesburg Stock Exchange written by Mkhululi Ncube and published by . This book was released on 2012 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Capital Structure Decisions written by Stephan Mkhawane and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The private equity industry has become a progressively more critical source of capital and effective governance for companies. The majority of capital raised by private equity funds is used for leveraged buyouts, with total funds under management amounting to R109 billion in 2009 for the South African industry. These funds are typically enhanced with additional deal level debt financing for each buyout thus representing, ex-ante, an active capital structure decision. The objective of this study was to understand the determinants of decisions on the extent and type of leverage used in LBOs, and attempts to explain why the observed financing choices were made by the individual private equity firms. Buyouts totalling over R 26 billion and spanning the period 1998 to 2010 are analysed. The findings are consistent with the predictions of the agency costs, trade-off and market timing theories of capital structure decisions: while little support is found for the pecking order and signalling theories. The results indicate clear patterns that lead to the supposition of an underlying model in which LBO sponsors seek to balance potential leverage related benefits with leverage related costs. The study also finds suggestive evidence indicating that the LBO financing package is designed methodically to respond to differences across firms in their size and maturity, growth prospects, in the variability of their earnings, and to a lesser extent the tangibility of their assets. Copyright.

Download or read book The Determinants of Capital Structure written by Leshane Luscombe and published by . This book was released on 2009 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The determinants of capital structure in the retail sector of the JSE Johannesburg Stock Exchange written by Avishkar Harilall Dukhi and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Determinants of Capital Structure written by Athenia Bongani Sibindi and published by . This book was released on 2017 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Beerman s Financial Year Book of Southern Africa written by and published by . This book was released on 1970 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Incorporating the Handbook of public companies of Rhodesia, Zambia and Malawi," 1965-1972.

Download or read book Financial Liberalisation and the Capital Structure of Firms Listed on the Johannesburg Stock Exchange written by Chimwemwe Chipeta and published by . This book was released on 2012 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Determinants of Capital Structure written by Muhammad Islam and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this research is to investigate various factors affecting Earning per Share and Return on Capital Employed. In this study an attempt has been made to determine what factors can affect firm value or not?. Different theorists argue differently regarding components of capital structure such as debt, equity and preferred stock on firm value. In this study this relationship has been empirically evidenced in the sugar industry companies listed on Lahore Stock Exchange. This study investigates the relationship of Short Term Debt, Long Term Debt, Equity, Firm Size and Tangibility of Assets with Earning per Share (EPS) and Return on Capital Employed (ROCE) using Simple and Multi Linear Regression Models. The data that has been collected from financial statement of companies related to sugar industry of Pakistan listed on Lahore Stock Exchange.